GREY:ICMTF - Post by User
Comment by
red2006on Jul 17, 2008 9:29pm
969 Views
Post# 15304886
RE: What happened today
RE: What happened todayIt's really not so strange. When bank stocks yielding 7 % dividends are being dumped it's got to tell you something. Whoever's aggressively selling this stock has to sell it. When you have a thinly traded stock like this-it doesn't take a lot of volume to knock a big chunk off the stock. The news has been nothing but good from ICI. My guess is that after this selling is over the stock should have a big bounce.